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Glucuronolactone Market Demand & Supply Analysis, Outlook with Opportunities with Key Insights-2032

The global glucuronolactone market is set to witness growth at a CAGR of 5.9% and is anticipated to reach a valuation of around USD 624.0 Mn by 2032.

Increased usage of pharmaceuticals and energy drinks due to their energizing properties will drive industry growth during the forecast period. Furthermore, high usage of hepatitis, food and drug toxicity, hepatocirrhosis, as well as adjuvant drugs for rheumatoid arthritis treatment will increase product demand during the forecast period. The product is used as a precursor in the production of vitamin C, which will drive industry growth. When glucuronolactone enters the human body, it is easily converted and metabolized into non-toxic substances.

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Over the forecast period, the industry will be driven by rising demand for immediate energy-releasing products such as Monster, Rockstar, and Red Bull. Over the forecast period, ongoing research and development, combined with innovation, is expected to create new market opportunities.

Key Takeaways from Market Study

The market is segmented based on form, wherein powder segmented is anticipated to account for a significant share in the global market in 2022, but tablet & capsule is expected to witness a lucrative growth rate of 7.8% during the forecast period.
The North American glucuronolactone market is anticipated to dominate the global market with a market share of around 34.8% in 2022, but East Asia is expected to witness a lucrative growth rate during the forecast period.
On the basis of end-use, dietary supplements and energy drinks combinedly dominate the global market in 2022, but cosmetics are expected to witness a lucrative growth rate over the forecast period.

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“The manufacturers in the global market have obtained high-quality technical know-how, broad geographic reach with localized teams, additional service portfolios, and industry expertise. These assets have allowed the manufacturers to quickly grow into a truly global provider offering end-to-end capabilities and leveraging best-in-class solutions, with a brand for high-quality service delivery.” says a Future Market Insights analyst.

Competitive Landscape

Global players anticipate an increase in demand for gluconolactone, primarily from consumers of energy drinks and dietary supplements. Key players are expected to continue expanding their production capacities and improving capabilities by incorporating cutting-edge technologies. The gluconolactone market has grown significantly, owing to increased awareness about the role of gluconolactone in various metabolic activities and the health risks associated with gluconolactone deficiency.

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Future Market Insights, in its new report, offers an impartial analysis of the global glucuronolactone market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on the form (powder, liquid, and tablet & capsule), and by end-use (dietary supplement, energy drinks, pharmaceuticals, cosmetics, functional food), across seven major regions of the world.

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About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

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Gluconolactone Market Size, Top Key Participants, Upcoming Global Industry Dynamics by 2032

Global gluconolactone market is anticipated to rise at a CAGR of ~7.9% between 2019 and 2029, finds Future Market Insights in a recent study. The gradual shift in consumers’ lifestyle and dietary patterns over past few years has brought about noticeable changes in the food industry. Consumers have become pickier about their food choices. Furthermore, the rising demand for preserved food such as meat has stimulated the demand in the gluconolactone market.

Gluconolactone uses are plenty. For instance it is one of the more preferred ingredients used in energy drinks. This has increased the use of gluconolactone in cosmetics, skincare, besides food and beverages industry. Spurred by these factors, the gluconolactone market size will increase in the coming years.

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Key Takeaways from the Gluconolactone Market Study

As, there is limited production of gluconolactone, leading manufacturers are now focusing on strengthening their distribution and supply base in the global market in order to assure products are easily available to their target customers.
Among various end-use segments, the usage of food (tofu, meat products, etc.) and energy drinks is the most common. Owing to the increasing usage of flavouring agent in food in fruit juices, honey and wine as well as to lower the pH of dressing sauces is a one of the significant reason propelling the demand of gluconolactone market across the globe.
According to the report, several manufacturers are expanding their global presence through collaboration and acquisition of major regional as well as domestic-level players, in order to expand its gluconolactone market across the globe. This is intended to expand their product offering and product portfolio along with increasing numbers of manufacturing facilities. Currently manufactures are investing in research and development activities to boost their manufacturing capabilities in its targeted region and country.

“Key players are constantly developing more innovative as well as competitive food and nutritional solutions and others performance materials. In addition, they are more focused on improving their horizontal integration to reduce the uncertainties associated with the supply of consistent quantity as well as quality of raw materials and end products. Moreover, manufacturers are focusing on incorporation of more advanced technologies mainly which are beneficial for health. This will aid expansion of Gluconolactone market” says an FMI analyst.

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Rising Application in Pharmaceutical and Food Industries Boosts Growth

On the backdrop of increasing pharmaceutical and food industry the gluconolactone market is anticipated to grow in the forthcoming years. Few years back, gluconolactone containing products such as, Red Bull, were banned in some European countries including France, Norway, and other Scandinavian countries. Since 2008, France has lifted its ban on Red Bull, and the product has appeared on the shelves of the supermarkets.

The household spending of consumers in these countries is well above the developing countries and consumption of energy drinks and other beverages is higher. Due the lifting of the ban, the consumption on Red Bull, promising growth opportunities are created and the demand for gluconolactone is increasing.

Who is winning?

Some of the market players profiled in the report are

Hubei Yitai Pharmaceutical Co.Ltd., Shaoxing Marina Biotechnology Co.Ltd., Merck Millipore Corporation, Foodchem International Corporation, Anhui Fubore Pharmaceutical & Chemical Co.Ltd., Jungbunzlauer, Roquette Frères, Shandong Fuyuan Bio-Tech CO.LTD., Shandong Xinhong Pharmaceutical Co., Ltd., Shandong Baisheng Biotechnology Co., Ltd., Red Bull GmbH, Rockstar, Inc., Monster Energy, 25.4. Living Essentials Marketing, LLC, LiveLong Nutrition, and Serious Nutrition Solution and others.

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Several leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.

In 2018, Roquette Frères acquired Crest Cellulose, which is a leading manufacturer of pharmaceutical excipients. The size of Roquette Frères pharmaceutical market was ~US$ 33 billion in 2017 and it is anticipated to grow by 10% per year. Moreover, the company also expanded ‘Beauté by Roquette®’ product offering for the cosmetics market with the launch of innovative plant- based ingredients.
In 2014, Merck Millipore Corporation acquired Sigma-Aldrich for US$140 per share in order to expand its global reach and increasing company presence in North America and adding exposures to in Asian Markets in its attractive life science industry.

Tempeh Market Key Segmentation with Supply Chain Analysis, Development, Growth-2032

As per the tempeh market survey report released by FMI, The overall value of the total sales of tempeh in 2022 was found to be US$ 4.7 Billion. The global tempeh market is expected to reach a market valuation of US$ 4.7 Billion by the year 2021, accelerating with a CAGR of 6.4% by 2022-2032.

The fermented and functional food market is a primary driver of the tempeh market’s growth. The increased health consciousness among customers is reflected in a large number of product introductions in the functional food business. Probiotics are one of the key goods that are propelling the business forward.

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Furthermore, consumers are always on the lookout for newer and better products on the market that will help them balance their healthy lifestyles while still satisfying their decadent desires. Tempeh straddles a number of intersecting trends, including the quest for ethically sourced food, traditional foods, probiotics, and savoury foods.

In terms of probiotic product introductions, Asia Pacific is the most active region, with China, South Korea, and Australia leading the way. Due to the explosive growth of its sister area, fermented vegan drinks, the tempeh industry is likely to rise in lockstep.

Key Takeaways from Market Study

The market is segmented based on source, wherein the soybean is anticipated to account for a significant share in the global market in 2022 and is expected to witness a lucrative growth rate of 6.3% during the forecast period
The Asia Pacific tempeh market is anticipated to dominate the global market with a market share of around 77.2% in 2022, but South Asia is expected to witness a lucrative growth rate during the forecast period
On the basis of distribution channel, the direct channel is expected to hold a dominating share in 2022, but the online retail store is expected to witness a lucrative growth rate over the forecast period
Based on product type, fresh tempeh is dominating the global market in 2022

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“Increasing number of consumers are opting for meat substitutes and vegan products, and this trend is paving way for newer varieties of soy food products in the market. Consumer awareness regarding meat substitutes especially soy food products is said to increase at an exponential rate over the forecast period.” said a lead analyst at FMI.

Consumption of Plant-based Foods is Becoming Increasingly Mainstream

Since many people find it difficult to completely eliminate meat from their diets, flexitarianism is considered a more feasible dietary transition than becoming vegan or vegetarian. Flexitarians are vegetarians who derive their protein from sustainable sources like plant-based meals rather than meat.

This trend is backed by a slew of food behemoths, who are all rooting for the all-meat alternative products industry to develop, including tempeh. With the use of new food technology, manufacturers are also attempting to create plant-based food products with meat-like texture and taste. This shows how strong the desire for plant-based meat alternatives is among consumers.

Who is winning?

Some of the leading companies offering tempeh are Turtle Island Foods, Inc., Nutrisoy Pty Ltd, Mighty Bean Tempeh Sunshine Coast, Totally Tempeh, Byron Bay Tempeh, Margaret River Tempeh, Organic Village Food, Gwen Tempeh, Tempeh Temple, Primasoy, SBC Tempeh Manufacturers, Lalibela Farm Tempeh, Alive & Healing Inc., Henry’s Tempeh, Rhapsody Natural Foods, TOFU Manufaktur Nagel GmbH, Impulse Tempeh, Schouten Europe B.V., Natural Oriental Fresh Foods BV, Tempea Natural Foods Ltd., and Others.

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Get Valuable Insights into Tempeh market

Future Market Insights, in its new offering, provides an unbiased analysis of the tempeh market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the tempeh market based on by source (soybean, multigrain, and others), by nature (organic and conventional), by flavor (plain and herbs & spices), by product type (frozen, fresh, and ready-to-eat), by distribution channel (direct and indirect), and across seven major regions.

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Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has aanalyzedthe food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Elevator and Escalator Market worth US$ 232,656.1 Mn by 2032 – Exclusive Report by Future Market Insights, Inc.

Companies operating in the elevator and escalator market review are focusing on cutting-edge technologies to make their products safer and eco-friendly, finds Future Market Insights (FMI) in a recent study.

According to FMI, the elevator and escalator market is anticipated to witness growth of ~6.6% CAGR during the forecast period from the year 2020 to 2030.

Some of the leading companies are incorporating IoT technologies in connected elevators and escalators. This has allowed them to control various parameters such as load capacity, frequency of usage, and others. Such technological improvements are expected to bode well for the overall market.

The recent COVID-19 outbreak has resulted in declining market growth. However, several factors are expected to drive the elevator and escalator market during the forecast period.

FMI offers an exhaustive overview of the elevator and escalator market along with its potential, growth drivers and restraints.

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Some of the key takeaways from the report are highlighted below-

Product-wise, elevator is expected to lead the market followed by escalator during the forecast period
Load type-wise, passenger segment will exhibit hegemony in the coming years
New system installation type is set to gain traction in the global market
Commercial end use segment is projected to exhibit highest growth followed by the residential segment throughout the forecast period
New-age IoT technology will cater to the steady market growth in the near future
East Asia elevator and escalator market will maintain the lead while emerging as the highest growing market among all other regions

“As the building and construction industry is expanding rapidly, the demand for elevators and escalators is rising higher. To capitalize on prevailing opportunities, market players are launching novel cutting-edge technologies that offer more sophisticated functionalities in elevator and escalator. This is anticipated to create lucrative growth opportunities for the market in the coming years,” says an FMI analyst.

COVID-19 Impact Analysis

The elevator and escalator market growth has been declining due to the novel coronavirus outbreak. As consumers have shifted their focus more on emergency services such as medical, diagnostic, pharmaceutical and others instead of building and construction sectors, the market growth rate has fallen temporarily.

Added to this, the factors such as non-operational manufacturing units, unavailability of labours, scarcity of raw materials, disruptive supply chain and logistics sector, financial crisis, job recession, and others have slowed down the progress of market.

According to FMI, the elevator and escalator market is set to recover by the first quarter of the year 2021.

Who is Winning

As the elevator and escalator market potential is rising steadily, the key market players are focusing on launching advanced designs to gain competitive edge. For instance, DOPPLER S.A. has launched their DOPPLER Lift Hygiene Solutions equipped with air sterilizer using UV photo catalyst sterilization and UV antibacterial light disinfection system in 2020.

Kone Corporation has launched Kone Health & Wellbeing Solutions for Elevators and Escalators which include escalator handrail sanitizer, elevator remote call using whatsapp, elevator air purifier, and others in June 2020.

Some of the leading companies operating in the market are DOPPLER S.A, Kone Corporation, Orona Group, EMAK Elevator, Sanyo Elevator (Zhuhai) Co., Ltd, and others.

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More Valuable Insights on Elevator and Escalator Market

In the latest report by Future Market Insights, we offer a detailed unbiased analysis of the global elevator and escalator market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (elevator (hydraulic, traction, machine room less, vacuum), escalator (step type, belt type, cleat type, spiral)), load type (passenger, freight, observation, others), installation (new system installation, retrofit), end use (residential (low rise building, mid rise building, high rise building), commercial (hotels, airports, subway stations, commercial complexes, offices & institutions, industrial), hospital, infrastructure & construction, transportation & logistics), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

Elevator and Escalator Industry Survey

Elevator and Escalator Market by Product:

Elevators
- Hydraulic Elevators
- Traction Elevators
- Machine Elevators
- Room-less Elevators
Vacuums
Elevators
- Step Type Elevators
- Belt Type Elevators
- Cleat Type Elevators
- Spiral Elevators

Elevator and Escalator Market by Load:

Passenger Elevators & Escalators
Freight Elevators & Escalators
Observation Elevators & Escalators
Others

Elevator and Escalator Market by Installation:

New Elevators & Escalators
- System
- Installation
Retrofit Elevators & Escalators

Elevator and Escalator Market by End Use:

Residential Elevators & Escalators
- Low-rise Buildings
- Mid-rise Buildings
- High-rise Buildings
Commercial Elevators & Escalators
- Hotels
- Airports
- Subway Stations
- Commercial Complexes
- Offices & Institutions
Elevators & Escalators for Hospitals
Infrastructure & Construction Elevators & Escalators
Transportation & Logistics Elevators & Escalators

Elevator and Escalator Market by Region:

North America Elevator and Escalator Market
Latin America Elevator and Escalator Market
Europe Elevator and Escalator Market
East Asia Elevator and Escalator Market
South Asia & Pacific Elevator and Escalator Market
Middle East & Africa (MEA) Elevator and Escalator Market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Sea Bream Market Research Report on Recent Changes in Process Technology, by Application, by Function – Global Forecast -2029

The global sea bream market is set to witness growth at a CAGR of 5.5% and top a valuation of US$ 522.7 Million by 2032. Production of gilthead sea bream has increased by 5% in Europe over the last decade, according to research, owing to the aquaculture expansion in the region. Greece has the leading production capacity in the region, along with Turkey, which accounted for 58% of production in Europe in 2019.

According to a study, the EU-27 are the top producers in the world in the category of farmed gilthead sea bream, along with Turkey, which accounted for 40% and 34% of global production, respectively, in 2019. The total supply of gilthead sea bream (imports + production) was nearly about 193,792 tons LWE (live weight equivalent) in Europe, half of which came from imports and the other half from production.

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The supply chain of gilthead sea bream varies between France, Spain, and Germany. Consumption in Europe was the highest in Spain, Italy, France, and Portugal. The national market in Spain depends on both imports and domestic farmed production. However, domestic production is limited in France, so the retail market depends mostly on imports. There is no or minimal domestic production in Germany, for which the market relies on imported products exclusively.

Key Takeaways from Market Study

The sea bream market is worth US$ 275.9 Million in sales in 2022.
The sea bream market is expected to expand at CAGRs of 6.6% through 2032.
Global sea bream demand is projected to grow year-on-year (Y-o-Y) growth of 6.1% in 2022.
The sea bream market is growing with a notable boost towards production to reach US$ 522.7 Million by 2032.
High-textured meat-like products with juicy profiles and widespread usage in the food industry are the factors driving the growth of the market and are the influencing factors among consumers, which is driving sales of sea bream across global markets.
Demand for sea bream grew at 5.7% CAGR between 2017 and 2021.
HESY Aquaculture B.V., Corfu Sea Farm S.A, Avamar, The Nissui Group, and Philosofish S.A. are expected to be the top players in the industry.
The Sea bream market along with organic sea bream, gilthead sea bream, large-sized sea bream, fresh sea bream, and B2C sales channels are in heavy demand from the food industry carrying a notable market share.

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“The healthy option with loaded B vitamins and low calories, a medium-sized portion of sea bream may offer a recommended amount of vitamins and minerals daily to protect against heart disease, enhance the immune system, and help in fighting cancer. Best served with subtler and lighter flavors, with any Asian or Mediterranean flavors, sea bream makes a sound choice for a light supper or a lunch, growing the product demand rapidly,” says a Future Market Insights analyst.

Competitive Landscape

Key sea bream brands are looking for new strategic partnerships to develop applications in the food industry, while core business brands are focusing on research and development to generate high-quality and nutritional food solutions. The key players are focusing on product innovation with formulations to attract more customers to the product.

HESY Aquaculture B.V., Corfu Sea Farm S.A, Avamar, the Nissui Group, and Philosofish S.A. are a few among the top players driving the sea bream market growth.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Sea Bream market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on nature (organic and conventional), product type (red bream, gilthead bream, black bream, Pandora bream, and white bream), size (large, medium, and small), packaging type (fresh, frozen, canned, and others), sales channel (B2C / HoReCa, and B2C), and end use (food industry, retail industry, pet food industry, and others), across seven major regions of the world.

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Taurine Market Study on Recent Changes in Process & Technology, Key Insights with Regional Insights-2032

According to a new study by FMI, sales of taurine are expected to be valuated at ~US$ 250 Mn, towards the end of 2019. While gains will be underpinned by a slew of factors, including changing regulatory scenarios, the report suggests that wide applications of taurine, and research and development for the launch of innovative products will also contribute significantly to the sales of taurine in the near future.

Driven by diverse end-use applications, the global taurine market is set to reach US$ 364.4 Mn by 2021. Growth forecasts continue to remain strong, thanks to rising focus on health and wellness. The market will witness impressive growth opportunities through the forecast period, especially as application continues to surge in beverage sector.

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Taurine is increasingly used in various health drinks and energy drinks. FMI has forecast, the beverage segment to account for lion’s share of the global market through the forecast period. Taurine an essential amino acid is structurally as well as functionally for the body. Taurine plays a crucial role in human beings, pet, as well as fish. This is owing to the reason that taurine has such wide and essential applications.

In the European Union and China, taurine is considered essential in fish feed and is also authorized to be used for all species of fishes. There are rising speculations of replacing meat and marine-based products from the fish feed with alternate protein sources. Plant-based protein for instance soybean meal with taurine makes an excellent meal for fish, comprising of all essential nutrients required.

Key Takeaways from the Taurine Market Study

Taurine market will continue showcasing solid growth through forecast period. It is projected to record 6.9% Y-o-Y growth in 2021
The U.S. will continue exhibiting high demand and account for dominant 82.6% of the North America market
Growth in the U.K. to remain positive as the country is forecast to exhibit 4% Y-o-Y growth in 2021
France and Germany will emerge as lucrative pocket for taurine sales in Europe
While growth rate in Japan and South Korea will remain positive, China is expected to account for leading market share through forecast period

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Taurine in Energy Drinks

Taurine is a crucial ingredient in energy drinks and is prominently used by key manufacturers such as Redbull, Monster Drink. Energy drinks claims to have several health benefits, owing to which millennials and gen-z are anticipated to gravitate towards these products and taurine will experience a cascading effect of increase in demand in the forecast period.

Several leading manufacturers of taurine are focusing on strengthening production capacity and distribution channels to expand their footprint in the global market. Leading players also are investing in research and development to produce organic, non-GMO ingredients for Taurine and to develop a novel production process that will also be suitable for consumption by vegan and flexitarian.

Manufacturers are also seen capitalizing on the opportunity in the food processing industry. Taurine is known to act as an emulsifier and flavoring agent in many processed food. Manufacturers are producing baby food formula with taurine as an ingredients that are targeted for neonatal who are born under-weight or premature.

In August 2019, Foodchem International Corporation commenced the expansion project in Jiangxi Province, China owing to the rising demand of taurine.
Qianjiang Yongan Pharmaceutical Co., Ltd., is further planning to expand its production capacity of taurine. For supporting this aim, the company has started strengthening its distribution network by opening warehouses and storage capacity.

Alternate Source of Taurine in Development

The increasing vegan population has bolstered the need for an alternate source of taurine, either plant-based or synthetic process. A large number of taurine manufacturers depend on the latter method for taurine production as chemical processes are easy to control and can alter production quantity as per requirement. The synthetic production process of taurine also requires less number of raw material, whereas natural sources such as algae need to be handled well for adequate production of taurine.

Taurine manufacturers are developing these innovative processes and patenting under their name to maintain their market position with high quality of taurine.

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Get Valuable Insights into Taurine fiber Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Taurine market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the Taurine market based on End Use Application (Food, Beverage, Animal Feed, Pet Food, Pet Supplements, Dietary Supplements, Cosmetics & Personal Care Products, Agriculture, and Pharmaceuticals), across seven major regions.

Key Segment

End Use Application

Food
- Dairy Products
- Infant
- Bakery Products
- Cereal Products
Beverage
- Energy Drinks
- Caffeinated Drinks
- Soft & Carbonated Drinks
Animal Feed
- Aquaculture Feed
- Poultry Feed
Pet Food
- Cat Food
- Dog Food
Pet Supplements
- Cat Food
- Dog food
Dietary Supplements
Cosmetics & Personal Care
- Skin Care Products
- Hair Care Products
- Toiletries
Agriculture
Pharmaceuticals

Region

North America
Latin America
Europe
East Asia
South Asia
Middle East and Africa (MEA)
Oceania

Products from Food Waste Market Detailed Report with Figures, Growth, Demand Analysis & Forecasts by 2032

The global Products from Food Waste market size was valued at USD 52.91 billion in 2022, and is projected to grow at a CAGR of 4.6% to reach USD 83.26 billion by 2032.

With better standards of living, consumers are casually throwing away their unwanted goods and products in the garbage. These can be used to create products from food waste. With increased disposable incomes, the value of available food and other goods has gone down considerably. This is especially common in developing regions, where environmental consciousness is much lower than developed regions.

Affluent countries are also known to buy more food than required and then tend to waste it. This has generated considerable opportunities for the products from food waste market. Also, some consumers are becoming aware of food loss in terms of ethics and sustainability, and are coming up with household methods to consume products from food waste.

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Cosmetic Flaws in Fresh Produce Paving the Way for Retail Sector

Not meeting the cosmetic criteria (which is the faulty appearance of a fruit) is one of the major reasons why plenty of fruits are being discarded as waste, and this has opened the gateway for the growth of the products from food waste market. USDA estimates that, on an average, supermarkets in U.S. lose nearly US$ 15 Bn annually due to cosmetic flaws in fruits and vegetables. This presents ample opportunities for the products from food waste market.

These fruits and vegetables are of excellent quality and at par with the nutritional profile of the ones that are sold in the market. Some small- and medium-sized manufacturers are initiating the processing of such products that do not meet the cosmetic criteria, fueling the growth of the products from food waste market. These products from food waste can easily benefit the health conscious consumers due to their rich nutritional profile. Moreover, consumers tend to pay less for products that are conventional, and a higher price is paid for products that have an added-value, such as organic, vegan, and also products from food waste. Hence, through products from food waste, even manufacturers earn more profits.

Mango Peels Rapidly Becoming Potential Source of Pectin

There is a special class of pectin – LM pectin (low-methoxyl pectin) – that is preferably used in the manufacturing of low-calorie fruit jellies, which is a valuable product from food waste. The mango peel or mango waste contains a high amount of pectin (20-30% of the peel weight). If the extraction of pectin from mangoes is achieved by adding lemon juice to them, it will result in the reduction of industrial waste, and create an alternative for the production of pectin, helping in adding value to the products from food waste. Obtaining a product from food waste such as mango peels is also in tune with some of the key market trends, such as sustainable production, due to the reduction in toxic effluents.

India also happens to produce tons of products from food waste. The mango, which is a source of pectin, is one of the important produces. Yet, India relies heavily on the import of pectin. Hence, it holds immense potential for the products from food waste market.

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Use of Patented Technologies in Manufacturing of Products from Food Waste Prompting High Price Points

Some of the patented technologies used to manufacture products from food waste are expensive. Middlemen in the products from food waste supply chain, such as farmers, food and beverage processors, and retailers, have expressed keen interest in recycling and manufacturing products from food waste, but might have to face the heavy burden of implementing patented and expensive technologies that are used to manufacture products from food waste. These will add a huge chunk in the cost structure during the manufacturing process of products from food waste. This aspect may become a barrier to the growth of the products from food waste market.

Also, technology is linked with quality, which is an important force in driving the growth of the products from food waste market. Products from food waste manufacturing companies that are not accredited with quality certifications may lose their consumers base, which may hamper the growth of the products from food waste market.

The global products from food waste market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Source :

Mangoes
Apples
Grapes
Citrus Fruits
Carrots
Beetroot
Berries
Others

By End User:

Food Processing
Beverage Processing
Cosmetics & Personal Care
Dietary Supplements & Nutraceuticals
Animal Feed
Others

Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

Frequently Asked Questions

What is the growth rate of the Products from Food Waste Market?
What is the market’s forecasted outlook for 2022-2032?
What are the major industry drivers?
What are the key industry strategies of the global Products from Food Waste market?
What are the major regional markets for Products from Food Waste?
Which region consumes the highest amount of Products from Food Waste?
What are the most common source of Products from Food Waste in the market?
What are the market’s major application segments?
What are the Key companies operating in the market?

Texturized Vegetable Protein Market Outlook on Retail Market, Key Findings, Varieties & Region Outlook–2031

The rising awareness among consumers about a multitude of health benefits of plant-based sources of protein has been aiding the market for texturized vegetable protein. Future Market Insights (FMI) in a new study has forecast the market to reach US$ 1.03 Bn by the end of 2022. Growth forecasts continue to remain positive for the market, thanks to increasing number of vegetarian population worldwide.

Continuously increasing demand for food & beverage products which provide nutritional benefits with sensory taste is one of the major factor driving the demand for texturized vegetable protein. Due to increasing awareness regarding animal cruelty and environmental damages caused by excessive consumption of might the demand for texturized vegetable protein is expected to increase.

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These protein sources also contain lower amount of saturated fat and cholesterol as compared to meat products hence are considered to have more health benefits. Among products available, the demand for soy protein is expected to be the highest. As per FMI, the soy protein segment is forecast to account for over 80% of the market through 2031.

Key Takeaways from the Texturized Vegetable Protein Market Study

The North American texturized vegetable protein market leads in terms of market size and accounts for 30.1% of the global texturized vegetable protein market in 2021. The Soy Protein texturized vegetable protein market is expected to have a market share of 70.0% of the global texturized vegetable protein market in 2031. In the nature segment, Conventional holds 97.9 % of the texturized vegetable protein market.

In the end-user segment, Industry holds the maximum market share of 76.1% in 2021 of texturized vegetable protein market where Meat Analogues holds 42.8% globally in 2021. Soy protein has a major share by product type and is anticipated to grow significantly over the forecast period. North America have a large number of companies and thus, majority of companies are emphasizing on offering non-GMO products, which are processed through extrusion-based technology, with enhanced functional properties so that their product can comply with strict requirements of clean label products.

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“Benefits of opting vegan proteins are now gaining popularity due to which many big companies are investing in the production and innovation of texturized vegetable protein. Several manufacturers are acquiring or merging with key companies to expand their product portfolio and increase their market share. E-commerce and online stores are easing entry barriers and distribution costs. These factors are expected to make competition fiercer within the market” said a lead analyst at FMI

Who is Winning?

The global population is increasing at a rapid rate and it is expected that the population will be around 9.5 Bn by 2050 from 7 Bn in 2017. The situation is set to put quite a strain on the food and supply of raw material, resulting in the need for alternate protein sources. Key players operating in the market are adopting various strategies, which include expansion of production capacity and launch of various products.

A few of the leading players operating in the texturized vegetable protein market are Archer Daniels Midland Company, CHS Inc., Roquette Frères, Beneo GmbH, Danisco A/S, Vestkron A/S, Cargill Inc., FUJI OIL CO., LTD., Puris Proteins, LLC., MGP Ingredients, Inc., Crown Soya Protein Group, Sotexpro SA, Wilmar International Ltd., Gushen Biotechnology Group Co., Ltd., Ingredion Inc.

Texturized Vegetable Protein Market Key Segments

Product Type

Soy Protein
Wheat Protein
Pea Protein
Rice Protein

Nature

Organic
Conventional

Form

Chunks
Slice
Flakes
Granules

End Users

Household
Commercial
Industry
- Food Industry
  - Bakery
  - Snacks
  - Ready Meals
  - Sports Nutrition
  - Clinical Nutrition
  - Baby Food
  - Meat Analogues
  - Others
- Animal Feed

Distribution Channel

Direct
Indirect
- Store Based
- Hypermarket
- Convenience St.
- Traditional Store
- Online Retails

Region

North America
Latin America
Europe
East Asia
South Asia
Middle East and Africa (MEA)
Oceania

Micronized Salt Market Extensive Analysis on Purity Grade, Limitations & Opportunities, Consumer Data Updates -2032

Micronized salt market size was estimated at USD 2,671.4 Mn in 2022 and expected to reach USD 3,804.8 Mn in 2032, at a CAGR 3.6%.

Micronized salt’s growing appeal in the processed food industry is due to its consistency and purity. Micronized salt, regarded as an ideal taste enhancer, enhances the shelf life of vegetables and meat in addition to processed foods. The widespread usage of micronized salt in end-use applications such milk and dairy products, bakery and confectionery products, and drinks is likely to propel the worldwide micronized salt market to stable growth.

In a new publication, Future Market Insights (FMI) projects that in terms of value, the global micronized salt market revenue will expand at a CAGR of 3.6% during the forecast period. In terms of revenue, the global micronized salt market accounted for US$ 2,319.0 Mn in 2022 and is anticipated to increase to reach US$ 3,305.8 Mn by 2032. A detailed competition assessment and revenue forecasts for a period of 10 years from 2022 to 2032 are elaborated with respect to each segment and sub-segment of the global micronized salt market.

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The micronized salt market is segmented based on grade and application. By grade, the micronized salt market is segmented into purity 98% – 99.5% and purity above 99.5%. Among both of these segments, purity above 99.5% is expected to dominate in the global micronized salt market both in terms of value and volume during the forecast period. By application, the micronized salt market is segmented into bakery & confectionery products, meat, poultry & seafood, milk & dairy products, beverages, canned/preserved fruits & vegetables, prepared meals and others. Among all these segments, bakery & confectionery products is expected to account for the largest value share followed by the meat, poultry & seafood segment by 2028 end.

Key Segments Covered

By Grade:

Purity 98% – 99.5%
Purity Above 99.5%

By Application:

Bakery & Confectionery Products
Meat, Poultry & Sea Foods
Milk & Dairy Products
Beverages
Canned/Preserved Fruits & Vegetables
Prepared Meals
Other Applications

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa-MEA

However, the advent of salt substitutes, high costs of micronized salt, and abundance of alternatives such as high purity solar salt are posing challenges to the growth of the global micronized salt market.

Detailed profiles of some of the companies operating in the micronized salt market are included in the scope of the micronized salt market report to evaluate their long-term and short-term strategies, key offerings and recent developments in the micronized salt market.

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Micronized salt manufacturers include:

K+S Aktiengesellschaft
Ciech S.A.
Tata Chemicals Ltd.
AkzoNobel N.V.
INEOS Group Limited, Dominion Salt Limited
AB Hanson & Mohring
Cerebos Ltd
Kensalt Ltd.
Cheetham Salt Limited
ACI Limited
WA Salt Group
Cerebos Ltd, Infosa
Nirma Limited
Zoutman NV
BGR International Ltd.
China Salt Jintan Co. Ltd.

Key Questions Answered by the Report

What is the size of the micronized salt market?

The micronized salt market is expected to hit a US$ 3.3 billion value by 2032. The growth rate for the micronized salt market is estimated at 3.6% CAGR between 2022 and 2032.

Which are the largest markets for micronized salt?

North America and Western Europe remain the dominant markets for micronized salts. Expansion of food and beverage processing activities in these regions are major influencers.

Which are the top companies in micronized salt market?

Suedwestdeutsche Salzwerke AG, K+S Aktiengesellschaft, Australian Saltworks, Ciech S.A., China Salt Jintan Co., Ltd., and Tata Chemicals Ltd. are among the leading market players in the global micronized salts market.

What are the uses of micronized salt?

Micronized salts are primarily used as a preservative and flavouring agent in the food and beverage industry, for longer shelf life, supported by high consistency and purity.

In which grades are micronized salt available?

Manufacturers produce micronized salts in two forms – 98 to 99.5% purity and above 99.5% purity. The demand and production of above 99.5% purity micronized salts is greater, aided by applications in processed food and beverage formulations.

Solar Inverter Market demand Estimations: US$ 18.9 Bn by 2032

With the increasing prevalence of alternative energy sources and growing number of technological innovations, the solar power industry is gaining ever-increasing importance in the commercial and residential landscape. Government support and rising concerns over environmental pollution are anticipated to boost the global solar inverter market through the forecast period.

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Government Initiatives toward Sustainable and Green Technologies to Drive Solar Inverter Market

The global solar inverter market is expected to witness a healthy rate of growth, owing to the ever rising consumption of solar power worldwide, for both residential and commercial purposes. In addition, recent years have also witnessed technological innovations in the sphere. Growing investments in the renewable energy sector has proper up the solar energy market worldwide. For instance, investments in large-scale initiative is projected to witness a 222% rise in line with the Australian Federal Government’s large-scale renewable energy target (RET) of 33,000 gigawatt-hours by 2020. In 2017, India was ranked 2nd in the most attractive renewable energy markets globally. The country has set a target of 175 GW of renewable power by 2022.

Similarly, Dubai’s state utility, the Dubai Electricity and Water Authority (DEWA) has agreed to update a power purchase agreement (PPA) with a consortium led by Saudi Arabia energy company ACWA Power to increase the capacity of the fourth phase of the Dubai solar park from 700MW to 950MW. The project aims to have a final capacity of 5,000MW of solar powered energy by 2030 at a cost of AED50 Bn (US$13.6Bn), thereby, increasing the widespread adoption of solar inverters, in the coming years.

Module level power electronics in solar inverters are expected to witness a high rate of demand owing to reduced requirements of maintenance, lower installation costs and high solar power production, such as those produced by SMA Solar Technology AG.

Market players are also offering higher durability in their equipment along with extended guarantees to buyers, which means that users can now expect to have solar invertors which have a guarantee of approximately 12 years, which can be further extended to even 25 years. This is expected to push the market forward in the years to come.

On the other hand, a gradual but constant drop in prices is expected to lower revenues for solar inverter market players and act as the major constraining factor for the market. Another challenge for market players is the high cost of maintenance required to operate a solar inverter setup.

Inadequate Supply of Supplementary Energy Sources to Boost Asia Pacific Solar inverter Market

Developing economies such as India and China constantly face the serious problem of intermittent power outages. As a result the demand for inverters in the recent past has overtaken supply. In addition, government initiatives such as the India’s national solar mission are also significantly pushing the solar inverter market in the region. For instance, NABARD is providing 40% subsidy for those who are purchasing solar inverters, in addition to making loans available for half the cost through commercial banks.

The Latin America region is also expected to provide large and lucrative opportunities of growth to market players owing to a nascent energy infrastructure and industry in numerous countries of the region including Mexico, Argentina, Chile, Brazil Uruguay and Paraguay. Mexico alone has successfully held 7 gigawatts of installed capacity in the past 2 years at record low prices.

On the other hand, Europe is expected to see a relatively slow rate of growth for the solar inverter market, owing to fall in equipment prices in most areas of this region resulting from constant price pressure on equipment suppliers, a rise in anti-dumping tariffs on Chinese manufactured components, depreciation of the Euro and a downward trend on minimum import prices.

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Key Solar Inverter Market Players are Focusing on Technological Innovations to Boost Efficiency

A number of the major players in the solar inverter market are focusing on research and development activities to improve on inverter performance and improved consumer service through tech innovations.

For example, Sungrow Power has introduced a solar inverter which make use of a single switching transistor and provide users with a an immense range of voltage levels as opposed to conventional counterparts which provide only a single voltage level even with multiple transistors.

SolarEdge has also introduced a number innovative solar inverter products where the power optimized gauges power point tracking and voltage management separately. This results in the inverter only working on converting DC to AC, which ensures operational faculty regardless of temperature or string length. In addition the company has also developed compact solar inverters for homes which have highly limited roof space.

Siemens has developed a three phase inverter which makes use of a technology to maintain fixed voltage which remains unchanged despite changes in the environment or the number of modules that are present in a string. Data from the inverter can also be monitored and accessed through the internet for an improved facet of analysis.

In addition, companies are also focusing on increasing production capacity, to meet the growing demand. For instance, Bonfiglioli has recently increased its capacity from nearly 200 MW to more than 500 MW.

Other major key players in the solar inverter market include Emerson Electric Company, Schneider Electric Co., Power-one Inc., SMA Solar Technology AG, and KACO New Energy inc. among others.

This detailed report on the solar inverter market gives a complete assessment at regional and global levels to extract actionable insights along with relevant and reliable information, which has been supported ably by extensive research. The report helps readers gain a greater comprehension about the competitive scenario and lucrative business opportunities in the future.

The report has a full examination of essential factors such as:

Driving Factors – Crucial market influencers that create a significant impact on the market situation.
Market Segmentation – Breakdown of key market categories for a good understanding of each area.
Supply and Demand
Market Value – The size of the global market
Trends and Challenges – Trending factors that affect market growth and obstacles that market players are likely to face.
Technology – The changes in the scope of the market arising from new technologies.
Competitive Analysis – Strategic activities of key market players

Segmentation Breakdown of the Global Solar Inverter Market

The global solar inverter market can be categorized on the basis of technology and end use. In terms of technology, solar inverters can be divided into central inverters, micro-inverters, string inverters and power optimizers. On the terms of end use solar inverters can be categorized into Industrial, commercial, residential and utility inverters.

The report is a compilation of first-hand data about the solar inverter market on a quality and quantity basis, obtained from prominent industry analysts and experts. The complete study of market trends, market attractiveness, and economic factors for a better understanding of the effect each factor will have on the various regional market and also for each segment.

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In addition to this the report also contains a regional market analysis of the following geographic areas.

Western Europe solar inverter market (Germany, France Italy, U.K, Spain)
Eastern Europe solar inverter market (Poland, Russia)
North America solar inverter market (U.S., Canada)
South America solar inverter market (Brazil, Mexico, Rest of Latin America)
Asia Pacific excluding Japan (APEJ) solar inverter market (China, India, Australia, New Zealand and ASEAN)
Japan solar inverter market
Africa and Middle East solar inverter market (S. Africa, N. Africa, GCC Countries, and Rest of MEA)

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